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U.S. Stocks: Futures hold on to gains after inflation data

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Reuters

(Reuters) - U.S. stock index futures held on to their gains on Monday, after U.S. consumer spending for September rose in line with expectations and income recorded its smallest gain in more than a year, suggesting a moderation in spending in the future.

At 8:32 a.m. ET, Dow e-minis were up 156 points, or 0.63 percent. S&P 500 e-minis were up 27 points, or 1.01 percent and Nasdaq 100 e-minis were up 81.5 points, or 1.18 percent.

(Reporting by Shreyashi Sanyal in Bengaluru)

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First Published: Oct 29 2018 | 6:10 PM IST

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